GENEVA (Reuters) – The World Trade Organization (WTO) became the first major diplomatic casualty of the new coronavirus variant on Friday when it postponed its first ministerial meeting in four years due to the deteriorating health...
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Yen and Swiss franc gain as COVID variant dents risk appetite
By Karen Brettell NEW YORK (Reuters) – News of a coronavirus variant potentially resistant to current vaccines sent investors dashing for the safety of the Japanese yen and the Swiss franc on Friday, and traders also took profits...
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Oil settles down $10/bbl in largest daily drop since April 2020
By Laura Sanicola and Jessica Resnick-Ault (Reuters) – Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns that a supply...
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Britain on track for record Black Friday sales
By James Davey LONDON (Reuters) – Britain looks to be on track for record sales over the Black Friday discount weekend despite supply chain disruption, with data indicating nearly one quarter more shopper transactions so far...
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Analysis-New COVID scare sparks rate rethink in markets
By Dhara Ranasinghe and Yoruk Bahceli LONDON (Reuters) – Risks of a new COVID hit to economic activity are clobbering expectations for rate hikes next year from the world’s major central banks, a potential setback for the...
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Amazon’s Black Friday greeted by climate activists, strikes in Europe
By Henry Nicholls and James Davey TILBURY, England (Reuters) -Climate activists targeted 15 Amazon depots across Europe on “Black Friday” and the world’s biggest e-commerce company also faced protests by workers and...
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